Will Forbearance Plans Lead to a Tsunami of Foreclosures?
At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. Thoug
4 Reasons People Are Buying Homes in 2021
According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re reevaluating what “home” means and what we may need in one going forward. H
What Does 2021 Have in Store for Home Values?
According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As C
Reasons to Hire a Real Estate Professional [INFOGRAPHIC]
Some Highlights Choosing the right real estate professional to work with is one of the most important decisions you can make in your homebuying or selling process.The right agent can explain current market conditions and break down exactly what they mean for you.If you’re considering buying or selli
Why Not to Wait Until Spring to Make a Move
The housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this winter an ideal time to make a move. He
3 Must-Do’s When Selling Your House This Year
It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind. Growing emotions can help or hinder a sale depending on how we manage
Four Expert Views on the 2021 Housing Market
The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead. Lawrence Yun, Chief Economist, National Associatio
Why Selling Your House on Your Own in 2021 Is a Mistake
There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help guide you through the process. If you’re considering selling on your own, known in the ind
The Difference a Year Makes for Homeownership
Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them. 1. Move-up or Downsize: One option i
2021 Housing Forecast [INFOGRAPHIC]
Some Highlights Experts project an optimistic year for the 2021 housing market.With mortgage rates forecasted to remain low, high buyer demand is expected to fuel more home sales and continue to increase home prices.Let’s connect today to determine how to make your best move in the new year.
3 Reasons to Be Optimistic about Real Estate in 2021
This year will be remembered for many reasons, and optimism is one thing that’s been in short supply since the spring. We’re experiencing a global pandemic, social unrest, an economic downturn, and natural disasters, just to name a few. The challenges brought on by the health crisis have also forced
The Holidays Aren’t Stopping Homebuyers This Year
Black Friday and Cyber Monday are behind us, yet finding the perfect holiday gifts for friends and family is certainly still top of mind for many right now. This year, there’s another type of buyer that’s very active this holiday season – the homebuyer. Each month, ShowingTime releases their Showing
5 Steps to Follow When Applying for Forbearance
If you’re currently feeling the stress of affording your mortgage payment, or if you know someone who is, there’s still time to get help. For homeowners experiencing financial hardship this year, the CARES Act provides mortgage payment deferral options, creating much-needed relief in these challengi
Winning as a Buyer in a Sellers’ Market [INFOGRAPHIC]
Some Highlights Buying a home in today’s sellers’ market doesn’t have to feel like an uphill battle.Here are four ways to make sure you’re positioned for success when making a home purchase, even when the scale tips toward sellers.Let’s connect to make sure you’re armed for victory in the housing ma
Why It Makes Sense to Sell Your House This Holiday Season
If you’re one of the many homeowners thinking about taking your house off the market for the holidays, hang on. You definitely don’t want to miss the great selling opportunity you have right now. Here’s why this month is the optimal time to make sure your house is available for holiday buyers. The l
Are Home Prices Headed Toward Bubble Territory?
Talk of a housing bubble is beginning to crop up as home prices have appreciated at a rapid pace this year. This is understandable since the appreciation of residential real estate is well above historic annual averages. According to the Federal Housing Finance Agency (FHFA), annual appreciation sin
An Honest Look at Unemployment Numbers
Last Friday, the Bureau of Labor Statistics released the November Jobs Report. It revealed that, though headed in the right direction, the nation’s job recovery has slowed. The consensus reaction is best exemplified by a quote from Glassdoor Senior Economist, Daniel Zhao: “We saw positive job gains,
How Remote Work Can Power Your Vacation Home Sale
This year, the opportunity to work remotely has increased the demand for vacation homes. Gay Cororaton, Senior Economist and Director of Housing and Commercial Research at the National Association of Realtors (NAR), notes: “Working from home is a positive factor in demand for vacation homes.” Buyers
The Path to Homeownership [INFOGRAPHIC]
Some Highlights If you’re thinking of buying a home and not sure where to start, you’re not alone.Here’s a map with 10 simple steps to follow in the homebuying process.Let’s connect today to discuss the specific steps along the way in our local area.
A New Way to Shop for Homes in a Virtual World
In a year when we’re learning to do so much remotely, homebuying is no exception. From going to work to attending school, grocery shopping, and even seeing our doctors online, digital practices have changed the way we live. This year, rather than delaying their home purchases, buyers – alongside the

Chad Pederson
Phone:+1(612) 325-8745





![Reasons to Hire a Real Estate Professional [INFOGRAPHIC],Chad Pederson](https://blog.chime.me/www-pedersonrealty-com/wp-content/uploads/sites/95/2021/01/Reasons-to-Hire-a-Real-Estate-Professional.png)





![2021 Housing Forecast [INFOGRAPHIC],Chad Pederson](https://cdn.chime.me/image/fs/sitebuild/2024125/1/w600_original_c8ec6489-3457-4504-90dc-c41c9840ec4d.png)



![Winning as a Buyer in a Sellers’ Market [INFOGRAPHIC],Chad Pederson](https://blog.chime.me/www-pedersonrealty-com/wp-content/uploads/sites/95/2020/12/Winning-as-a-Buyer-in-a-Sellers’-Market.png)




![The Path to Homeownership [INFOGRAPHIC],Chad Pederson](https://blog.chime.me/www-pedersonrealty-com/wp-content/uploads/sites/95/2020/12/The-Path-to-Homeownership.png)
